Author: Dao Hua Marriage and Family Law FirmDate: 2021-12-01Reads:times
On the afternoon of November 29, 2021, the Daohua Family Law and Matrimonial Law Firm, led by Director Lawyer Tang Yunhong, held a series of thematic lectures on the topic of "Family Wealth and Succession" and combined with relevant content from the Civil Code of the People's Republic of China.

At the beginning of the lecture, Lawyer Tang Yunhong first elaborated on the meaning of "Family Wealth and Succession" and the significance of achieving family wealth succession in the new environment after the implementation of the Civil Code. Lawyer Tang pointed out that the promulgation of the Civil Code has provided new definitions for marriage and inheritance, including the new provisions on the relationship between husband and wife's property and the provisions on the system of遗产管理人, which all reflect hot issues in today's society and are worthy of attention and application. This will directly affect the interests of some groups, and how to achieve reasonable planning of family wealth under the legal environment is a topic worthy of discussion and learning, which will also be briefly shared in this lecture.
The Daohua Family Law and Matrimonial Law Firm, combining cases encountered in judicial practice, their own experience in handling cases, and profound legal theoretical knowledge, explained in-depth and clearly, from the surface to the essence. This includes how the addition of "investment income" in Article 1062 of the Civil Code, which concerns joint property of husband and wife, will affect the property division in divorce proceedings? How to avoid potential risks, etc. The lecture content allowed participants to have a preliminary understanding of legal issues existing in marriage, and potential risks they may face. At the same time, Lawyer Tang briefly pointed out that in the process of marriage, such risks can be reasonably avoided by entering into a pre-marital agreement, and by signing a marital property agreement after marriage.

At the same time, the Daohua Family Law and Matrimonial Law Firm also provided new interpretations and suggestions on the establishment of遗产管理人 as stipulated in Article 1145 of the Civil Code. To some extent, the遗产管理人 avoids various problems that may arise in the inheritance of heritage, but also adds certain thresholds to the inheritance of heirs. How to reasonably plan family wealth through trusts, insurance, and other means, and allow family members to inherit in a targeted manner, is also the core issue discussed in this lecture.
The thematic lecture lasted nearly two hours. Finally, the Daohua Family Law and Matrimonial Law Firm clarified through vivid cases the importance of looking ahead and making early preparations for the succession of family wealth, allowing participants to have a deeper understanding of the provisions of the Civil Code on family wealth.
In the 21st century, China has already built a moderately prosperous society in all respects. Looking to the future, under the influence of the Civil Code, new journeys will be embarked upon in terms of the management and inheritance of family wealth, the structure of marital property relations, family business wealth, and trust equity.
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